SOFIA (Bulgaria), September 8 (SeeNews) – The share indices of the Bulgarian bourse closed mixed on Tuesday as turnover fell, bourse data showed.
The SOFIX, which comprises the 20 most liquid shares trading on the Bulgarian Stock Exchange (BSE), inched up 0.34% to 472.74 points and the broader BG40 index, which tracks the 40 most traded shares on the bourse, nudged 0.04% higher to 128.95 points.
The SOFIX added 2.91% and the BG40 gained 2.04% on Monday.
Turnover, excluding block and other pre-agreed deals, fell to 1.43 million levs ($1.05 million/731,000 euro) from Monday’s 2.1 million levs.
Twelve of the SOFIX components that were traded on Tuesday closed higher, seven ended lower and one remained flat.
The BG-REIT index, tracking the performance of real estate investment trusts, fell 0.95% to 44.95 points after adding 1.36% on Monday. The bourse's BG TotalReturn30 index, in which companies with a free float of at least 10% have equal weight, edged down 0.39% to 347.42 points after a 2.2% rise on Monday.
The most liquid company on Tuesday was Bulgarian Real Estate Fund, part of BG-REIT. A total of 411,115 shares changed hands, closing 0.54% higher at 0.37 levs.
Hydraulic equipment maker M+S Hydraulic paced the SOFIX gainers for a second trading session in a row, surging 5.12% to 5.49 levs as just one share was traded. The stock surged 13.48% to 5.22 levs on Monday in volume of 60 shares.
Blue-chip mineral extracting and processing company Kaolin was the second biggest gainer, adding 3.62% to 5.70 levs in a volume of 5,414 shares.
Fuel and building materials retailer Toplivo led the SOFIX decliners on Tuesday, falling by 2.83% to 5.15 levs in a volume of 300 shares.
The privileged shares of blue-chip industrial group Chimimport posted the highest turnover among SOFIX components, contributing 20% to BSE's total turnover on Tuesday. They ended 1.14% lower at 2.59 levs as 108,295 shares were traded. Chimimport's regular shares rose 0.19% to 2.63 levs in a volume of 100,324 shares, or 18% of the total BSE turnover.
A total of 31 stocks rose, 35 declined and 14 ended unchanged on Tuesday.
The Dnevnik 20 index, calculated by local business daily Dnevnik from the share prices of the 20 leading companies in terms of liquidity and market capitalisation, picked up 0.15% to 67.95 points after climbing 2.63% on Monday.
(1 euro=1.95583 Bulgarian levs)